Posted on 12/21/2010 4:17:16 PM PST by Zuben Elgenubi
2011 will be the year of the municipal default. At least that's what analysts like Meredith Whitney predict, as do bond investors that have been fleeing the muni market.
There are many reasons to be worried. First, the expiration of Build America Bonds will make it harder for cities to raise funds.
(Excerpt) Read more at businessinsider.com ...
You are touchy today, need a hug?
2011 will be the year of the municipal default.Yep. Because Democrats will never cut expenses. They only look to tax.
2012 will be the year several states default?
Definitely Pashtun for you.
Or, it makes former viewers so insane that they continually post the same message endlessly on Free Republic.
Why? Did a Pashtun man leave you for another man? Or a goat, maybe?
There’s going to be a lot of angry armed cops in 2011 and 2012.
I’ll just leave you to marinate in your fetid imagination, rudester.
An impression like a ten ton metal stamping press to the brain.
If anyone is looking for evidence that Democrats don’t know how to govern, just show them this list. Amazing.
LOL
And I’ll relish the fact that I scored a point, Regulator.
States in Fiscal Peril http://www.pewcenteronthestates.org/report_detail.aspx?id=56044
Wimpy has eaten a lot of hamburgers and now it’s Tuesday.
Dan Diego turned red this year.
It is obvious to decent people that liberals “unintended consequences” are devastatingly massive.
What I wonder about is, who will they blame?
Because, they will NEVER blame themselves.
And next is, who will believe them when they next try to squirm out of the implosion that will come?
“Dan” - San. I hate when that happens.
Hadn’t thought of it that way. Wouldn’t miss the city politicians, though, so have at em.
Vallejo, California is not on the list.
Why would you blame NSFTAS?
.
Blame unions and lawyers and teachers
NAFTA pays for its self
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.